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WFO Corporation has gross receipts according to the following schedules Year 15 24.00 million Year 25 20.00 million Year 35 25.00 million Year 4 5

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WFO Corporation has gross receipts according to the following schedules Year 15 24.00 million Year 25 20.00 million Year 35 25.00 million Year 4 5 27.50 million Year 5 530.00 million Year 6 5 31.00 million If WFO began business as a cash-method corporation in Year 1, in which year would it have first been required to use the accrual method Year 4 Year 5 None of the choices are correct. Year 3 Year 6

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